The UAE is used to being considered a place without taxes. The reason for this is the almost complete absence of taxes for individuals on income, and minimal tax burden for businesses and entrepreneurs. Perhaps the only tax that can be mentioned is VAT at the rate of 5%, which, however, still does not apply to tourist purchases.
As for corporate tax, it is 9%. However, even this small tax by world standards can be reduced to zero if a number of conditions and regulations are met.
Portugal has approved a major citizenship law reform, significantly tightening the rules. Key changes include increased residency requirements (up to 10 years), mandatory language and culture tests, and stricter rules for children born to foreign parents.
Selling real estate abroad can result in the loss of your residence permit. Find out which countries allow you to maintain your status and how to avoid the risks.
A new draft law in Romania proposes a Residency by Investment program, granting non-EU citizens a renewable 5-year residence permit. The program requires a €400,000 minimum investment in bonds, real estate, funds, or shares.
